SpiceJet aims for fleet of 100 by the end of 2026
SpiceJet aims to have 100 aircraft by the end of 2026, its chairman and managing director Ajay Singh said, a day after the low-cost airline raised Rs 3,000 crore (about $360 million) through selling new shares.
«SpiceJet is an airline that has strong fundamentals but was hamstrung by two black swan events one after the other — the worldwide grounding of Boeing 737 Max, followed by Covid pandemic,» Singh told ET in an interview.
«But we have all the infrastructure ready to become a 100-strong fleet again… We have the airport slots, international traffic rights, pilots and crew, as well as the maintenance infrastructure,» he said.
«Most importantly, we have 30 aircraft on the ground, in a market which has significant supply constraints,» Singh told ET.
SpiceJet on Saturday said it has successfully closed a qualified institutional placement (QIP) with participation from marquee funds such as Tata Mutual Fund, Discovery Global and Goldman Sachs.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial
